Tell HN: Coinbase now requires physical address of recipient in crypto transfers

Re:Tell HN: Coinbase now requires physical address of recipi... by jwhiles on Friday June 24, 2022 @06:10AM (#31859728)

I'm interested in approaches for this, bearing in mind that I don't know people in real life who I can give cash for crypto, and can't mine coins. I wanted to buy some tokens to set up a side project, but the prospect of giving all my details to Coinbase or some other exchange is unappealing.

[ Parent | on HN ]

Re:Tell HN: Coinbase now requires physical address of recipi... by jhugo on Friday June 24, 2022 @07:23AM (#31860175)

There are various p2p platforms for meeting people with whom you can exchange fiat for crypto (and vice-versa) directly. Some of these platforms include an escrow system (LocalBitcoins is the most well-known of that type, but I think it has KYC requirements), others rely on a 'web of trust' style system, etc.

[ Parent | on HN ]